There are options for customers of Prostatis Financial Advisors Group broker Arthur McPherson (CRD# 2245364) who suffer investment losses. He has been registered with World Equity Group, Inc. in Melbourne, Florida, since 2019, and Prostatis Financial Advisors Group in Melbourne, Florida, since 2019. He was registered with Triumph Wealth Advisors, Inc. in Melbourne, Florida, from 2015 to 2024, and Taylor Capital Management Inc. in Melbourne, Florida, from 2014 to 2019.
Arthur McPherson Customer Complaints
He has been the subject of two customer complaints between 2015 and 2025, according to his CRD report. The most recent complaint was regarding:
June 2025. “Claimants [REDACTED] suffered substantial investment losses as a result of a negligent market-timing strategy employed by Respondent McPherson, a registered representative of Respondent World Equity Group, Inc. (WEG). McPherson liquidated the [REDACTED]; investment portfolio in March 2020 at the very bottom of the Covid crash;, then bought back in to the market after the market had already rallied and recovered. If McPherson had simply maintained the portfolio, instead of trying to time the market, Claimants would be several hundred thousand dollars better off than they are today. If he had simply maintained Claimants; accounts as they were, instead of trying to time the market, Claimants would be several hundred thousand dollars better off than they are today. The charts on the following pages illustrate the impact that the flawed market-timing strategy had on Claimants; wealth. Initially the Claimant had filed the arbitration against both the Rep Arthur McPherson and the associated BD World Equity Group, Inc. Subsequently the claimant dismissed all claims against World Equity Group as the related Client/claimant is not a client of World Equity Group. World Equity Group was dismissed from this arbitration on August 01, 2025.” The customer is seeking $250,000 in damages, and the case is currently pending. The complaint took place while he was registered with Prostatis Financial Advisors Group.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Prostatis Financial Advisors Group may be liable for investment or other losses suffered by Arthur McPherson’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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